Lagos, Nigeria – Nigeria’s public debt is edging toward potentially unsustainable levels, capital market specialists have warned during the Capital Market Academics of Nigeria (CMAN) Q4 2025 Virtual Symposium held on November 15.
While official figures indicate that the country’s debt-to-GDP ratio remains within globally accepted thresholds, analysts cautioned that the debt trajectory is increasingly fragile. Factors driving concern include weak revenue generation, rising debt servicing costs, and persistent structural inefficiencies in the economy.
Experts emphasized the need for prudent fiscal management, enhanced revenue mobilization, and strategic borrowing to prevent the debt from compromising economic stability. They also highlighted that without corrective measures, debt obligations could crowd out critical investments in infrastructure and social programs.
The symposium provided a platform for policymakers, academics, and market operators to discuss strategies for sustainable debt management and fiscal resilience amid challenging economic conditions.




